What is SnapLogic?
Founded in 2006 and headquartered in San Mateo, California, SnapLogic provides a robust iPaaS platform designed to automate application, data, and cloud integration for enterprises. The company's technology enables businesses to connect disparate systems and streamline workflows, facilitating digital transformation initiatives. SnapLogic's comprehensive suite of tools addresses the complexities of modern IT environments, offering a scalable and flexible approach to integration challenges. The company's sustained funding history indicates strong investor confidence in its product and market strategy.
How much funding has SnapLogic raised?
SnapLogic has raised a total of $396M across 11 funding rounds:
Series B
$10M
Series C
$20M
Unspecified
$2M
Series D
$20M
Series E
$25.3M
Other Financing Round
$37.5M
Series F
$39.4M
Private Equity
$72M
Unspecified
$165M
Series B (2010): $10M supported by Andreessen Horowitz
Series C (2012): $20M featuring Andreessen Horowitz, Ignition Partners, and Triangle Peak Partners, LP
Unspecified (2014): $2M backed by Undisclsoed
Series D (2014): $20M with participation from Triangle Peak Partners, H. Barton Asset Management, Andreessen Horowitz, Ignition Partners, and Pharus Capital Management
Series E (2015): $25.3M led by Andreessen Horowitz, Ignition Partners, Triangle Peak Partners, Silver Lake, and Microsoft
Other Financing Round (2015): $37.5M supported by NextEquity Partners, Microsoft, and Silver Lake
Series F (2016): $39.4M featuring Andreessen Horowitz, Ignition Partners, NextEquity Partners, Capital One, Vitruvian Partners, and Triangle Peak Partners
Private Equity (2019): $72M backed by Arrowroot Capital and Golub Capital
Unspecified (2021): $165M with participation from Andreessen Horowitz, Golub Capital, Vitruvian, Sixth Street Growth, and Arrowroot Capital
Key Investors in SnapLogic
Andreessen Horowitz
Andreessen Horowitz is a prominent venture capital firm known for its investments in early-stage and growth-stage technology companies. They focus on disruptive innovations across various sectors.
Triangle Peak Partners
Triangle Peak Partners is a multi-strategy asset management firm that specializes in growth-stage investments within the technology, clean tech, and energy sectors.
Arrowroot Capital
Arrowroot Capital is a growth equity firm that invests in software and technology-enabled businesses, focusing on companies with strong recurring revenue models.
What's next for SnapLogic?
With the infusion of $165M in its latest funding round, SnapLogic is strategically positioned to accelerate its product development and expand its market reach. The company's focus on enterprise-grade integration solutions, coupled with its ongoing commitment to innovation, suggests a trajectory towards further market leadership. Future growth is likely to be driven by enhanced AI capabilities within its platform, deeper cloud-native integrations, and expansion into new geographic markets. This capital injection will empower SnapLogic to capitalize on the increasing demand for seamless data and application connectivity in the digital economy.
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